UPDATE: Topeka Capital Markets Lowers PT on Cimarex Energy on Joint Development Agreement with Chevron
June 25, 2013 at 13:48 PM EDT
In a report published Tuesday, Topeka Capital Markets analyst Gabriele Sorbara reiterated a Hold rating on Cimarex Energy (NYSE: XEC ) and lowered the price target from $80 to $74. In the report, Topeka Capital Markets Commented, "After the market close yesterday, Cimarex Energy (XEC-$64.72: Hold) announced that it entered into
